An international operation led by the Department of Justice has disabled a hacking network that generated losses of more than $100 million in the U.S. since 2011. In an announcement on Monday, the department also disclosed charges against a 30-year-old Russian allegedly behind the Gameover Zeus botnet, a web of hundreds of thousands of infected computers used to steal money from bank accounts. Read More…

More critical weaknesses have been uncovered in the OpenSSL web encryption standard, just two months after the disclosure of the notorious Heartbleed vulnerability affecting the same technology. Tatsuya Hayashi, the researcher who found one of the critical bugs, told the Guardian that the latest flaw “may be more dangerous than Heartbleed” as it could be used to directly spy on people’s communications. Read More…

A common belief is that advancements in technology have eroded jobs, but this is not true, according to an EY survey released June 5. A global survey found that the majority of entrepreneurs believe technology has changed their workforce, with 81% of those saying it has led to hiring more staff. Read More…

iPhone and iPad owners will have much more fine-grained control over their location privacy in iOS 8 thanks to new Location Services options that allow users to determine exactly when — and if — an app can find them. Read More…